Next Story
Newszop

EPFO updates Form 13 to ease PF account transfer

Send Push
In a significant move aimed at enhancing EPF member convenience and reducing procedural delays, the Employees’ Provident Fund Organisation (EPFO) has introduced a revamped version of Form 13, simplifying the PF account transfer process when employees change jobs. Additionally, EPFO has rolled out a new facility enabling employers to generate Universal Account Numbers (UAN) in bulk even without Aadhaar seeding, further bolstering service efficiency.

Seed your bank account with UAN to get easy PF withdrawal, seamless transfer: EPFO

The changes in the EPF website are also expected to improve validation processes for auto-settlement of eligible EPF claims, marking a significant step toward a more responsive and efficient EPFO.


Taxable and non-taxable EPF interest

The revamped Form 13 functionality on the EPF website also includes a key enhancement—clear bifurcation of taxable and non-taxable components of PF accumulations. This feature will help ensure accurate Tax Deducted at Source (TDS) calculations on taxable PF interest, thus streamlining the tax compliance process for both EPFO and its members.
EPFO simplifies UAN allotment: Now generate, activate UAN instantly with Face ID on UMANG App; Know how to use it

Impact on EPF members and fund transfers
The simplified EPF account transfer process is expected to benefit over 1.25 crore EPFO members. With this streamlined mechanism in place, EPFO anticipates handling seamless EPF account transfers of nearly Rs 90,000 crore in PF funds every year, significantly reducing delays and member grievances.

The EPFO in this regard has issued a circular in this regard. However, the process was not functional on the EPFO’s Member Sewa website. With the launch of revamped Form 13, this functionality is now live on the EPF website.

Bulk UAN generation without Aadhaar for special cases

EPFO has introduced a facility that allows bulk generation of UANs without Aadhaar linkage in specific scenarios. This move is particularly relevant for:
· Members associated with Exempted PF Trusts that have recently surrendered or had their exemptions cancelled.
· Situations involving recovery or quasi-judicial proceedings where past accumulations are being remitted to EPFO.
· Employers can now generate UANs using existing Member IDs and other available data, without Aadhaar, ensuring prompt credit of past contributions to the appropriate accounts.
Security measures
To protect members’ interests, all UANs generated without Aadhaar will initially remain frozen. These accounts will be activated only after successful Aadhaar seeding. This risk mitigation strategy ensures both operational efficiency and security of PF accumulations.

Faster EPF account transfer claims

Previously, the process of transferring PF accounts involved two EPF offices—one as the source (Transferor Office) and the other as the destination (Transferee Office). Each transfer required approval from both ends, often resulting in delays.
As of January this year, EPFO has removed the requirement for employer approval in most transfer cases. Now, once a transfer claim is approved at the source office, the accumulated balance will be automatically credited to the member’s new account at the destination office.
This move is expected to dramatically cut down processing time and aligns with the organization’s goal of promoting “Ease of Living” for its members.
Loving Newspoint? Download the app now